CareUSA, one of the world’s oldest humanitarian aid organizations founded in 1945, has adopted XRP token. The progress was made possible through a collaboration with Ripple’s investment arm, Xpring, and BitPay.
BitPay, who recently launched support for XRP, will make it easy for thousands of businesses to adopt cryptocurrency XRP, is behind the integration of the digital currency on CareUSA platform. The humanitarian organization will now start accepting tax-deductible donations in XRP.
The largest cryptocurrency payment processor announced eGifter and CareUSA as one of its early adopters of XRP as their payment options.
eGifter is an innovator in the digital gift card space. The platform was among the early adopters of Bitcoin when BitPay first launched.
Both CareUSA and eGifter are looking forward to receiving XRP users on their platforms. The integration of XRP was made possible through the libraries managed by Xpring team.
Xpring has been working on increasing the adoption of XRP through collaboration and investment.
Xpring’s Investment in Different Companies
In September, Xpring invested an undisclosed amount in Coinme, a firm offering cryptocurrency ATMs and blockchain financial services. The firm powers the largest firm cryptocurrency ATM network across the globe.
Also, Xpring invested in Equilibrium Connect, a new firm founded by Teemu Paivinen. The firm works on Interledger, contributing to the core protocol.
Before investing in Equilibrium Connect, Ripple’s Xpring had invested in Near Protocol, a shaded proof-of-stake public blockchain said to be designed by a reputable tech team that has in the past designed and developed a large number of the world’s sharded databases.
At that time, Xpring was not the only investor of the project. Coinbase Venture, Scalar Capital, Amplify Partners, Electric Capital, Pantera Capital, MetaStable and a host of others also invested in the initiative. Xpring also has a stake in Algoric, Bolt Labs, Coil, XRPL Labs, Forte, Kava and many others.